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Ishakis Finance Report Mortgage Broker Brooklyn

Loan Officer Yael Ishakis’s take on mortgage and finance news.

Category: Existing Home Sales

Existing Home Supply Down 40% In Last 6 Months

Home resales rose another 2.7 percent last month, according to the National Association of REALTORS® monthly Existing Home Sales report.

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Published February 24, 2011
Categorized as Existing Home Sales Tagged Home Supplies,Housing Data,Distressed Sales

Home Supplies Plummet, Putting Pressure On Prices To Rise

According to the National Association of REALTORS®, seasonally-adjusted, annualized Existing Home Sales figures climbed by more than a half-million units in December as compared to November. It’s the 3rd straight month of home resale improvement nationwide.

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Published January 21, 2011
Categorized as Existing Home Sales Tagged Home Supplies,Home Sales,Mortgage Rates

Home Inventory Dwindles Into The New Year

Existing Home Sales jumped another 6 percent in November, the report’s third month of improvement since bottoming in July.

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Published December 23, 2010
Categorized as Existing Home Sales Tagged Existing Home Sales, Home Supply, Home Values

October Existing Home Sales : Buyers And Sellers In Balance

It’s encouraging that first-time and investment property buyers were both outnumbered by “move-up” buyers in October; buyers that have sold their respective homes in favor of larger ones.

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Published November 24, 2010
Categorized as Existing Home Sales Tagged Existing Home Sales,NAR,Home Supply

Existing Home Sales Jump; Housing Market Shows Spark

“Deals” were in ample supply this summer and eager home buyers snatched them up.

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Published October 26, 2010
Categorized as Existing Home Sales Tagged Existing Home Sales,NAR,Home Supply

Existing Home Sales Rebound In August, Give Hope For Autumn

Sales of existing homes in recovered in August, perhaps the result of a post-tax credit normalization.

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Published September 24, 2010
Categorized as Existing Home Sales Tagged Existing Home Sales,Home Supply

Existing Home Sales Plummet In July; Home Buyers Gain Leverage

The number of home resales plunged by 1.4 million units in July. Home buyers may uncover opportunities for a deal.

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Published August 25, 2010
Categorized as Existing Home Sales Tagged Existing Home Sales,Home Supply,Home Values

Existing Home Sales Drop In June But Hint At Higher Price Tier Support

Consistent with most post-home buyer tax credit housing news, Existing Home Sales eased lower last month. The 5 percent drop in sales was expected, but a closer look at the month’s data reveals some interesting trends.

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Published July 23, 2010
Categorized as Existing Home Sales Tagged Existing Home Sales, Home Supply

May 2010 Existing Home Sales Is Better Than The Headline Data Suggests

The press is calling the May 2010 drop in Existing Home Sales “unexpected” and disappointing, but a deeper look at the data shows the news isn’t as bad as it first appears.

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Published June 23, 2010
Categorized as Existing Home Sales Tagged Existing Home Sales,Home Supply

Home Supplies Tick Higher, Creating An Opening For Today’s Home Buyers

According to the National Association of Realtors®, although the number of homes sold ticked higher in April, so did the supply of existing homes for sale, too. Sellers are now listing homes faster than buyers can buy them.

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Published May 25, 2010
Categorized as Existing Home Sales Tagged Existing Home Sales,NAR,Home Supply

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